The following contract information was taken from Defenselink:
FN Manufacturing Inc., Columbia, S.C., was awarded on March 30, 2005, a delivery order amount of $6,691,046 as part of a $29,778,298 firm-fixed-price contract for M16A4 rifle and M4 carbine. Work will be performed in Columbia, S.C., and is expected to be completed by Dec. 31, 2008. Contract funds will not expire at the end of the current fiscal year. There were two bids solicited on Dec. 20, 2004, and two bids were received. The U.S. Army Tank-Automotive and Armaments Command, Rock Island, Ill., is the contracting activity (W52H09-05-D-0080).
I thought that Colt was the exclusive M4 contractor?
FN Manufacturing Inc., Columbia, S.C., was awarded on March 30, 2005, a delivery order amount of $6,691,046 as part of a $29,778,298 firm-fixed-price contract for M16A4 rifle and M4 carbine. Work will be performed in Columbia, S.C., and is expected to be completed by Dec. 31, 2008. Contract funds will not expire at the end of the current fiscal year. There were two bids solicited on Dec. 20, 2004, and two bids were received. The U.S. Army Tank-Automotive and Armaments Command, Rock Island, Ill., is the contracting activity (W52H09-05-D-0080).
I thought that Colt was the exclusive M4 contractor?